Business
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Apple sued by French developers over App Store fees: Report
San Francisco: Tech giant Apple is facing an antitrust lawsuit over its App Store fees that is filed by a group of French iOS app developers. The plaintiffs are accusing Apple of…
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Uber reports $2.6 bn loss in Q2, gross bookings at all-time high
San Francisco: Uber Technologies on Tuesday said that gross bookings reached an all-time high of $29.1 billion in the second quarter (Q2) this year, up 33 per cent (year-over-year), with reporting net…
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BMW recalls some of its electric cars over battery fire risk
San Francisco: BMW has issued a recall for some of its electric cars as the high voltage battery “may have internal damage”, which can result in an electrical short circuit. The recall…
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Rupee rises 12 paise to 78.94 against US dollar in early trade
Mumbai: The rupee appreciated 12 paise to 78.94 against the US dollar in opening trade on Tuesday, supported by foreign fund inflows and a weak greenback against key rivals overseas. Besides, softening…
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Hero Electric sells close to 9K EV 2-wheelers in July, tops segment
New Delhi: Hero Electric led the EV two-wheeler segment, selling 8,952 vehicles for the entire month, followed by Okinawa Autotech at 8,094 vehicles, the latest VAHAN data has revealed. Ather Energy sold…
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We’ll celebrate ‘Azadi ka Amrit Mahotsav’ with 5G rollout: Akash Ambani
Mumbai: Leading telecom operator Reliance Jio said on Monday that it has acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz bands in the auctions conducted by the Department of Telecommunications…
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Sensex extend gains for fourth day, ends above 58K; Nifty ends over 17K
Mumbai: The benchmark indices started August on a positive note with Sensex rising above 500 points and Nifty over 180 points on positive global sentiments. At close, Sensex ended up 545.25 points…
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Reliance Jio leads 5G spectrum auction with Rs 88,078 cr: Ashwini Vaishnaw
New Delhi: Mukesh Ambani-led Reliance Jio emerged the top bidder in India’s 5G spectrum auction, acquiring 24,740 MHz spectrum worth Rs 88,078 crore, IT Minister Ashwini Vaishnaw announced on Monday. Sunil Mittal’s…
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Esports Premier League Season 2 postponed amid BGMI’s ‘China connection’
New Delhi: The ban on popular battle royale game Battlegrounds Mobile India (BGMI), which is the Indian version of PUBG, has resulted in a top e-sports event being postponed amid reports claiming…
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5G spectrum auction sees bids worth Rs 1,50,130 cr after 37 rounds
New Delhi: Day 6 of the ongoing 5G spectrum auction on Sunday saw an incremental increase in the bidding figure after 37 rounds, with the government now receiving bids worth Rs 1,50,130…
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Rupee rises 13 paise to 79.11 against US dollar in early trade
Mumbai: The rupee strengthened by 13 paise to 79.11 against the US dollar in opening trade on Monday. Forex traders said the rupee opened stronger as the dollar continued to fall on…
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Sensex, Nifty open on positive note on firm global trends, foreign funds inflows
Mumbai: BSE benchmark indices Sensex, Nifty opened on a positive note on Monday tracking firm global trends and fresh foreign fund inflows. The 30-share BSE benchmark climbed 274.02 points to 57,844.27 and…
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After 37 rounds, 5G spectrum auction sees bids worth Rs 1,50,130 cr
New Delhi: Day 6 of the ongoing 5G spectrum auction on Sunday saw an incremental increase in the bidding figure after 37 rounds, with the government now receiving bids worth Rs 1,50,130…
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PC shipments, chip sales growth face record slump this year: Report
New Delhi: Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of 26.3 per cent, while chip sales from PCs are likely to…
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Indian Bank Q1 net profit at Rs 1,213 crore
Chennai: Public sector Indian Bank closed the first quarter of FY23 with net profit of Rs 1,213.44 crore, higher than what it had logged during Q1FY22. According to Indian Bank, it had…